Category: Fair Market Rent Analysis
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Rents Fluctuate Widely Year to Year
In Part 2 of the FMR Analysis Series, we look at how rents have changed by county and state over the years. This series analyzes the 40th percentile fair market rent (FMR) for a 1-bedroom (1BR) across the U.S. Therefore, it will refer to this measure whenever rent is mentioned. Changes Over Time To understand…
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The Most Expensive Places to Live in the U.S.
May 18, 2022 In this three-part blog post, we look at affordability in the U.S. by analyzing the 40th percentile fair market rent (FMR) for a 1-bedroom unit across the nation. This measure was chosen because it signifies what type of housing is available for the lower-income household. In a surprising analysis, some unexpected states…